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Polski Koncern Naftowy ORLEN (LSE:POKD) Gross Profit : $15,585 Mil (TTM As of Dec. 2023)


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What is Polski Koncern Naftowy ORLEN Gross Profit?

Polski Koncern Naftowy ORLEN's gross profit for the three months ended in Dec. 2023 was $5,552 Mil. Polski Koncern Naftowy ORLEN's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $15,585 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Polski Koncern Naftowy ORLEN's gross profit for the three months ended in Dec. 2023 was $5,552 Mil. Polski Koncern Naftowy ORLEN's Revenue for the three months ended in Dec. 2023 was $28,687 Mil. Therefore, Polski Koncern Naftowy ORLEN's Gross Margin % for the quarter that ended in Dec. 2023 was 19.35%.

Polski Koncern Naftowy ORLEN had a gross margin of 19.35% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Polski Koncern Naftowy ORLEN was 20.41%. The lowest was 5.45%. And the median was 13.37%.


Polski Koncern Naftowy ORLEN Gross Profit Historical Data

The historical data trend for Polski Koncern Naftowy ORLEN's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Polski Koncern Naftowy ORLEN Gross Profit Chart

Polski Koncern Naftowy ORLEN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,546.51 2,426.84 5,242.98 14,707.73 15,541.17

Polski Koncern Naftowy ORLEN Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,895.54 4,437.60 2,575.06 3,019.71 5,552.17

Competitive Comparison of Polski Koncern Naftowy ORLEN's Gross Profit

For the Oil & Gas Integrated subindustry, Polski Koncern Naftowy ORLEN's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Polski Koncern Naftowy ORLEN's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Polski Koncern Naftowy ORLEN's Gross Profit distribution charts can be found below:

* The bar in red indicates where Polski Koncern Naftowy ORLEN's Gross Profit falls into.



Polski Koncern Naftowy ORLEN Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Polski Koncern Naftowy ORLEN's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=95095.782 - 79554.613
=15,541

Polski Koncern Naftowy ORLEN's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=28687.386 - 23135.219
=5,552

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $15,585 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Polski Koncern Naftowy ORLEN's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=5,552 / 28687.386
=19.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Polski Koncern Naftowy ORLEN  (LSE:POKD) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Polski Koncern Naftowy ORLEN had a gross margin of 19.35% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Polski Koncern Naftowy ORLEN Gross Profit Related Terms

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Polski Koncern Naftowy ORLEN (LSE:POKD) Business Description

Address
Chemikow 7 Street, Plock, POL, 09-411
Orlen SA is an energy conglomerate that refines and distributes oil in Poland, the Czech Republic, Germany, and Lithuania. Through a group of refineries, it processes crude oil into gasoline, diesel oil, fuel oil, and aviation fuel. The company also produces petrochemicals and products used by chemical companies as feedstock. Additional operations include exploration and production activities in Poland, where it is domiciled, and Canada. Oil products are offered through thousands of service stations, which is supported by logistics infrastructure. This infrastructure includes surface and underground storage depots and a long-distance pipeline network.

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